How’s the KW real estate market? February 10, 2020. Where are the high-priced homes?

Six weeks into the year and there is either a lot of activity or not much happening depending on your budget range.

The key takeaways from this update:

  • Homes are selling for an average of 10% over list price
  • 10% of the homes selling are not waiting for offer night. They are instigating BULLY OFFERS
  • High priced homes and mid priced homes are slow to come to the market.
How’s the market?

Other takeaways:

  • Almost everything that was listed in January is now already sold.
  • The LP/SP ratio rose by 2%. But that can be explained by seasonality.

More news you need to know

What happened in January

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